Willie L Williams Scholarship Fd
- Assets
- $455.9k
- Revenue
- $18.0k
- Investments
- $444.5k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 01/2020
- Data as of
- 08/2024
- EIN
- 83-0555240
Organization Overview
Willie L Williams Scholarship Fd is located in Pittsburgh, PA. The organization was established in 2020. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willie L Williams Scholarship Fd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Willie L Williams Scholarship Fd generated $18.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $30.0k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,548 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,365 |
| Capital Gain Net Income | $5,365 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $54 |
| Total Revenue | $17,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,265 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,265 |
| Contributions, gifts, grants paid | $22,695 |
| Total expenses and disbursements | $29,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,337 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $444,520 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $455,857 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Willie L Williams Scholarship Fd has awarded $22,695 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WAYNE STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,565 |
WAYNE COUNTY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $7,565 |
UNIVERSITY OF DETROIT MERCY PURPOSE: SCHOALRSHIPS | $7,565 |